For months there have been rumors that Mariah Carey and her billionaire boyfriend James Packer were talking marriage. The Australian billionaire proposed on Thursday evening in New York City

Mariah Carey and billionaire James Packer are engaged after a whirlwind romance. Just after, the Mariah was spotted flashing her sizable engagement rock, thought to be worth over $7 Million dollars, 46, and Packer, 47, went public with their romance in June 2015.

The musician flashed her new, diamond engagement rock, which has an estimated value of $7.5 million USD (£5million), on Thursday after the 47-year-old casino billionaire got down on one knee that evening, following less than a year of dating.Mariah couldn't hide her delight as she arrived at their engagement party at Eleven Madison Park that night with a huge smile on her face and an even bigger rock on her left hand. David Allen, Creative Director 77Diamonds, had this to say:

'This emerald cut diamond engagement ring looks to be around 30 carats and given Mariah’s penchant for perfection it will no doubt be of the top colour and clarity quality.

It is believed that the pair, whose combined estimated fortune is around $3.4billion USD (AU$4.89billion) have no wedding date has been set just yet.The marriage will be Mariah's third shot at happiness, having previously spent seven years with Nick Cannon, with whom she has two children, and five years with music executive Tommy Mottola.James, meanwhile, is also anticipating a third marriage, thanks to his 2013 separation from Erica Packer after six years and three-year union with Jodhi Meares. Big congratulations to the rich ass couple!

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